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Silver?

Price is pounded down on the comex because they trade more silver on paper than what actually exits in the world. about 183 times more. and they changed the rules so if some whale tried to buy a large number of contracts and wanted to take delivery they would just pay cash.

Every metal is at a higher price than it was in the 80's bull market except silver which is half the price that it was in the 80's. Silver is the cheapest metal in the world right now compared to all other metals.

That’s one of the bigger problems. It’s virtual quantities far exceed what we can actually reach. Forget use.

We also have more actual silver available right now than any potential use in the near to medium outlook. And yet we keep mining more.
It’s a usable currency but not an investment.

Holding silver as bullion or coin is good as an exchangeable material. That’s where it’s been for quite some time. But it remains pegged at the same generic trend of matched value adjusting to o inflation. Not surpassing it. Coinage values aside a Spanish silver today is worth just about what it would buy in 1650. A few tankards of ale.

I’ve discussed my ability to buy goods in the heat of covid with silver coins at silver weight value.
The claim of $80 silver is missing half the story. That’s not a rise in value, it’s the decrease in the value of the dollar.

Here’s a realistic example:
In 1830 you could buy an apple with a silver disme. (10č) Today you could buy an apple with a silver disme. ($1.20).

Don’t fall for the hype.

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